Africa Specialty Risks is seeking new partners and capacity

Africa Specialty Risks (ASR) is in Monte Carlo in force this year—seeking capacity and educating markets about the opportunities available in Africa, which is a $60 billion market and growing.

Brian McGregor, head of property for the company, stresses that the business looks at other reinsurers as potential partners, not competitors. “As a new reinsurance entity on the continent, we work closely with other reinsurers in Africa, we don’t see them as competitors.